Australian academic and entrepreneur Craig Steven Wright has officially outed himself as Bitcoin creator Satoshi Nakamoto.
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According to The Economist, Wright is a 45-year-old computer scientist and inventor.
Providing proof of his authenticity to each publication (early Bitcoin cryptographically keys), Wright has acknowledged that he is indeed the mysterious Satoshi Nakamoto who was credited with founding the technology.
This verification took the form of specific bitcoin blocks that were known to have been originally mined by Nakamoto, and Whit demonstrated that they were the same blocks that had been used to send bitcoin to Hal Finney, an engineer who was also instrumental in making bitcoin a success.
However, like all currencies its value is determined by how much people are willing to exchange it for. However, in a later story, Wired reported that it’s more likely that Wright’s story is a very elaborate hoax.
“Our conclusion is that Mr Wright could well be Mr Nakamoto, but that important questions remain”, the magazine said. He told the BBC that he was still co-operating with the Australian Tax Office.
“I have not done this because it is what I wanted”.
“I really do not want to be the public face of anything”, he said, expressing regret that he had been forced to reveal his identity.
“I would rather not do it [reveal myself]”, he told the BBC. “And they’re making life hard not for me, but my friends, my family, my staff….and I don’t want any of them to be impacted by this….so I’m going to do this once, and once only…I will only come in front of a camera once, and I will never come in front of a camera ever again for any TV station or any media, ever”. I don’t want fame.
“Be assured, just as you have worked, I have not been idle during these many years”.
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Recently, gaming platform Steam also started accepting Bitcoins instead of dollars or rupees for payments. Each one is worth about $US449. Estimates say that Satoshi Nakamoto owns about 1 million Bitcoins, which translates right not to about $450 million.
